Enforcement directorate attaches assets worth Rs 59-crore of IREO, others

Dated on: Wednesday 22nd May 2024

The Enforcement Directorate (ED) announced on Tuesday that it has attached new assets worth approximately Rs 59 crore belonging to the real estate company IREO and others as part of a money laundering investigation. The agency has been investigating the company and its promoters for several years on allegations of defrauding home buyers by failing to deliver promised flats, plots, and commercial spaces.


Source: ET Realty

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